S&P 500 suffers 5th largest one-day percentage loss ever (-9.51%), after also having 17th largest percentage loss ever on Monday

submitted by magnora7 from finance.yahoo.com

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[–]magnora7[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

This was the biggest one-day drop since 1987.

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_S%26P_500_Index#Largest_percentage_changes

We're now back to prices not seen since 2018, after just a week of losses. Ouch. I think the market is definitely in a crash cycle now, and it will probably continue for several weeks or months.

[–]Tom_Bombadil 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (2 children)

This "flu" hoax is the excuse the Banksters needed to crash the economy without being blamed.

The hoax will keep those affected from publicly gathering, and serve to prevent another Occupy Wall St. movement.

Yesterday's closure of American-European air travel and announcement of public stadium sporting event closures occurred on 3/11/2020.

9/11 destroyed the World Trade Centers. All 7 WTC buildings.

Almost 20 years later, 3/11 may someday be historically recognized as the commencing date of the destruction of actual global trade.

The second next coup (economic) has probably just kicked off.

[–]elephant-movement-2 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

What the fuck are you smoking?

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

He's right of course. Well I don't know about all the WTC buildings, nor do I care. That being said, my puts are doing fine. I knew this was coming, I called it many times, I have the reminder bot on Reddit set to call me back to posts where I state the market was about to crash, for whatever unknowable reasons. I did not of course predict this bioweapon, but I predicted that something was going to happen to take the blame for the crash.

The world as you know it doesn't exist. It's an illusion. Knowing this is EXTREMELY POWERFUL for trading the financial markets. Anybody who doesn't know this is going to be a victim of what's being done to keep the illusion going.

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

This is an interesting article the displays the incredible record-breaking velocity of these market moves: https://www.zerohedge.com/markets/worse-lehman

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

I love zerohedge. They're almost the only ones with a real vision of what goes on. Max Kaiser is pretty good too.

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Yeah I don't believe every zerohedge article, by any means, but the good articles are extremely good.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I try not to believe anything. But sometimes things just CLICK and Zerohedge clicks more than most. Most importantly, I make money off these clicks, so as they say, the proof is in the pudding.